Carpenter Technology (CRS) Tops Q4 EPS by 11c

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Carpenter Technology Reports Fourth Quarter and Full Year Fiscal 2015 Results

July 30, 2015 7:30 AM EDT

Fourth quarter:

Reported earnings per share of $0.44 or $0.52 adjusted for restructuring charges and special items Net sales of $558.0 million Free cash flow of $106.7 million

Full year:

Reported earnings per share of $1.11 or $1.51 adjusted for restructuring charges and special items Net sales up 2 percent on 4 percent lower volume Free cash flow of $74.4 million

WYOMISSING, Pa., July 30, 2015 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced financial results for the quarter ended June 30, 2015. Carpenter reported net income of $22.5 million or $0.44 per diluted... More